Progress Software (PRGS) Stock Overview
Develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
PRGS Community Fair Values
Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.
Progress Software Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$43.62 |
| 52 Week High | US$70.56 |
| 52 Week Low | US$43.53 |
| Beta | 0.70 |
| 1 Month Change | -17.28% |
| 3 Month Change | -28.37% |
| 1 Year Change | -22.29% |
| 3 Year Change | -8.86% |
| 5 Year Change | 17.42% |
| Change since IPO | 1,230.78% |
Recent News & Updates
Recent updates
Why We're Not Concerned About Progress Software Corporation's (NASDAQ:PRGS) Share Price
Jul 21
Progress Software Q2: Overall Performance Is Lacking
Jul 01Is Progress Software Corporation (NASDAQ:PRGS) Trading At A 50% Discount?
Apr 24Is Progress Software (NASDAQ:PRGS) A Risky Investment?
Mar 27Progress Software Corporation's (NASDAQ:PRGS) Share Price Not Quite Adding Up
Mar 03Progress Software Q4 Earnings Preview: Underappreciated For Its Earnings Power
Jan 19At US$68.73, Is It Time To Put Progress Software Corporation (NASDAQ:PRGS) On Your Watch List?
Nov 22Progress Software Corporation (NASDAQ:PRGS) Not Flying Under The Radar
Nov 07Progress Software's (NASDAQ:PRGS) Earnings Seem To Be Promising
Oct 15Progress Software Q3 Earnings: This Stock Is Ready To Move Higher
Sep 25
ShareFile Acquisition To Catapult Digital Experience Leader Into A New Era Of Growth And Profitability
The acquisition of ShareFile is poised to significantly boost Progress Software's revenue and ARR by expanding digital experience offerings and leveraging a loyal customer base.Progress Software Is Investing In Its Long-Term Position In AI
Sep 10An Intrinsic Calculation For Progress Software Corporation (NASDAQ:PRGS) Suggests It's 49% Undervalued
Aug 30Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Aug 06Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175
Jul 23Progress Software Boosts Outlook Amid Market Challenges
Jul 05Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Jun 29Market Participants Recognise Progress Software Corporation's (NASDAQ:PRGS) Earnings
Jun 19What Does Progress Software Corporation's (NASDAQ:PRGS) Share Price Indicate?
May 27Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175
Apr 22Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175
Apr 01Results: Progress Software Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 29Does Progress Software (NASDAQ:PRGS) Have A Healthy Balance Sheet?
Mar 13Progress Software's Balance Sheet Weakness Stands Out, But The Stock Looks Undervalued
Mar 11Progress Software (NASDAQ:PRGS) Is Paying Out A Dividend Of $0.175
Feb 06There May Be Reason For Hope In Progress Software's (NASDAQ:PRGS) Disappointing Earnings
Feb 02Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175
Jan 20Shareholder Returns
| PRGS | US Software | US Market | |
|---|---|---|---|
| 7D | -9.3% | 0.9% | -0.2% |
| 1Y | -22.3% | 39.8% | 22.4% |
Return vs Industry: PRGS underperformed the US Software industry which returned 39.8% over the past year.
Return vs Market: PRGS underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| PRGS volatility | |
|---|---|
| PRGS Average Weekly Movement | 5.1% |
| Software Industry Average Movement | 7.5% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PRGS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PRGS's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 2,815 | Yogesh Gupta | www.progress.com |
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers.
Progress Software Corporation Fundamentals Summary
| PRGS fundamental statistics | |
|---|---|
| Market cap | US$1.91b |
| Earnings (TTM) | US$57.59m |
| Revenue (TTM) | US$869.02m |
Is PRGS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PRGS income statement (TTM) | |
|---|---|
| Revenue | US$869.02m |
| Cost of Revenue | US$124.20m |
| Gross Profit | US$744.82m |
| Other Expenses | US$687.23m |
| Earnings | US$57.59m |
Last Reported Earnings
May 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.34 |
| Gross Margin | 85.71% |
| Net Profit Margin | 6.63% |
| Debt/Equity Ratio | 322.1% |
How did PRGS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/07 22:15 |
| End of Day Share Price | 2025/08/07 00:00 |
| Earnings | 2025/05/31 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Progress Software Corporation is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Schappel | Benchmark Company |
| Matthew Galinko | B. Riley Wealth |
| Tony Figueiredo | CFRA Research |